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between geithner and john boehner at one point calling for his resignation but they realized they have to get a deal. it's in the best interest of the president to get a deal to use his political capital on immigration reform. but when you get a deal, do you get a big deal in december or just a downpayment then the big deal comes in january? democrats want -- they have the political capitol and leverage after the election. they want a big deal now. john boehner wants the congress to be seated, put a down payment on then a major tax reform in january, february, maybe march. >> i hadn't thought about that. paid it out in payments before it was approved. great to see you, bob. thank you very much. >> thanks. >>> the brand-new reaction this morning to the attacks in libya and benghazi after a week of testimony on capitol hill. in an interview today chris wallace sat down with key u.s. senators on the homeland security and intelligence committees. >> also listen to this. [ sirens] . >> this day, the violence intensifying in the middle east. israel threatening to escalate its forces. it's us
, being down in d.c. i'm actually sighing the senate and housework. if obama, president obama and boehner cannot come up with a plan the past two years, you have senators, a gang of six actually working on a plan b. so if boehner and obama can't come up with something that can go through the house you have a bipartisan group of senators working together, even bob corker from tennessee is working on a bill that will help simplify the code. if plan a doesn't work, plan b will work because at the end. day the american people have spoken, they kept the senate the same, the house virtually the same and the same president, so they're giving them a second chance to actually have our system work. and if working a bipartisan way, it will work. >> jamie: doug, the president, having not submitted a budget that passed in the first four years, at this point are there numbers out there that anybody has seen that proves that the tax increases and the spending cuts will avert a fiscal cliff? >> well, i think the immediate challenge is to avoid what's been called sequestration which is the process in plac
budget. the congress has a copy of it. i do think it would be helpful if speaker boehner would spell out his approach to revenue. he has said some positive things, but we have not seen any substance to his proposals and his remarks. so i think that would be helpful to get that out in the public as we move forward. >> what about the fact that people like jeff sessions who is a ranking member on the budget committee is asking that efforts be made to have these negotiations open to the american public so they can see what's going on? >> as i said, i think the ideas that are all exchanged as part of this process should be open to the public and the president was very clear as to what his revenue proposal is. it's on the super net. you can actually go see it. speaker boehner has said he's open to raising revenue. he has not told us or the american public exactly how he would do it. so i do think it would be useful if he would spell it out, then we would have two clear proposals on the table to compare. >> well, it's going to be a long negotiation, it seems, tough negotiation to work things th
boehner is the speaker of the house. barack obama got less vote than he got the last time. there hasn't been a president elected with a weaker mandate than woodrow wilson. he is the one who needs to hammer out a deal. speaker bainerer is a reasonable man. he is the right guy to strike a deal with. but don't start with nancy pelosi making demands for raising tax rates. let's work through all the issues. i agree, what's at stake is dramatic, it's the economy of the american people. >> eric: quickly, do you think we will have a deal by the end of year? >> i am getting more dubious. but i hope so. >> eric: margie, how about you? >> viheard some republicans sound like they want to come to the table. not everyone. not matt, with all due respect. but i do think that we -- i feel more optimistic when i am watching the postr post poll. >> eric: we have $16 trillion in debt. it's just only getting bigger. thargs for joining us. >> thank you. >> eric: jamie? >> jamie: the fiscal cliff. how does it affect you, your kid, your family and college tuition rates? a lot. we are going to tell what you y
are they willing to do. there is concern in the far right flank that speaker john boehner will raise tax rates for the top 2 percent. they want to preserve tax cuts for every tax bracket. no one is sure that the speaker is doing that. they are not discussing giving in on the top 2 percent but i don't think that is a promise they will keep. we'll have to wait and see. i know that they wanted entitlement reform on the table if not right now, a promise that we'll get to it in the new year and overall tax reform. those are the demands from the republican side. >> heather: what about spending cuts in terms of democrats? >> there is another hard issue. democrats are going to try to hold as much on spending cuts, but they know that the cuts have to be part of the deal. you can't get republicans along were anything unless there is something on that side. how far are democrats willing to go? on spending cuts and overhauling entitlement reform which is the main driver of the nation's debt. you may see a deal where there is tax increase if democrats are willing to go much further on entitlement reform an
Search Results 0 to 4 of about 5